8-KEarnings & ResultsRegulation FDExhibits & Filings

Seagate Technology Holdings plc 8-K Report, Financial Results (Jan 27, 2014)

Filed January 27, 2014For Securities:STX

Summary

Seagate Technology plc (STX) filed an 8-K report on January 27, 2014, to disclose its financial results for the fiscal quarter ended December 27, 2013. This report also announced a quarterly cash dividend of $0.43 per share, payable on February 24, 2014, to shareholders of record on February 10, 2014. The company is utilizing the 8-K filing to furnish information regarding its financial performance and dividend declaration, including referencing a press release (Exhibit 99.1) that contains detailed financial results and supplemental commentary. Investors should note that this information is furnished and not deemed filed for liability purposes under Section 18 of the Exchange Act. Seagate also directs investors to its website for additional information and commentary on its financial results. The report includes cautionary statements regarding forward-looking statements, highlighting potential risks and uncertainties that could affect future performance, such as global economic conditions, disk drive demand and pricing, competitive pressures, and the company's ability to manage costs and introduce new products.

Key Highlights

  • 1Seagate Technology plc reported its financial results for the fiscal quarter ended December 27, 2013, via an 8-K filing on January 27, 2014.
  • 2The company announced a quarterly cash dividend of $0.43 per share.
  • 3The dividend payment date is February 24, 2014, with a record date of February 10, 2014.
  • 4Detailed financial results are provided in an attached press release (Exhibit 99.1).
  • 5Supplemental commentary and financial results will be available on Seagate's investor website.
  • 6The filing includes a standard cautionary note regarding forward-looking statements and associated risks.
  • 7Information provided in Items 2.02 and 7.01 is furnished, not filed, for Section 18 liability purposes.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Seagate Technology's financial results for the fiscal quarter ended December 27, 2013, and to announce a quarterly cash dividend to shareholders.

The Board of Directors approved a quarterly cash dividend of $0.43 per share. This dividend is payable on February 24, 2014, to shareholders who are recorded on the company's books at the close of business on February 10, 2014.

The detailed financial results for the fiscal quarter ended December 27, 2013, are available in the press release attached as Exhibit 99.1 to this 8-K filing. Seagate also indicated that supplemental commentary would be available on the Investors section of their corporate website.

No, the information provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure) is explicitly stated as 'furnished,' meaning it is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, and thus not subject to the liability provisions of that section.